BlackRock Declares Quarterly Dividend of $1.50 on Common Stock
NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $1.50 per share of common stock, payable September 24, 2012 to shareholders of record at the close of business on September 4, 2012.
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At June 30, 2012, BlackRocks AUM was $3.560 trillion. BlackRock offers products that span the risk spectrum to meet clients needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares® (exchange traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City, as of June 30, 2012, the firm has approximately 9,900 employees in 27 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at www.blackrock.com.
Lauren Trengrove, 212-810-3665
Ellen Taylor, 212-810-3815
Source: BlackRock, Inc.Copyright Business Wire 2012